what type of unemployment is most likely to be eliminated if macroeconomic stability is achieved A....

what type of unemployment is most likely to be eliminated if macroeconomic stability is achieved

A. cyclical

B. structural

C. frictional

D. natural

Expert Solution

In this case if macroeconomic stability is achieved then structural type of unemployment is most likely to be eliminated because structural unemployment means the complete industrial reorganization due to the technological change and to control the fluctuations in supply or demand.
So here option B is correct.
Option A represents the cyclical unemployment and it is the result of overall changing demand for goods and services in an economy and cannot be fully supported by the criteria of full unemployment it required the economic growth in a slow base in different projects.
Option C is not applicable because frictional unemployment means the existence of unemployment situation when there is a shift of one job from the another job.
Option B is also not applicable because natural rate of unemployment means a common unemployment which is the outcome due to the structural change of labour forces and the replacement of Technology.

Rahul Sunny answered 2 years ago

Determine the Stability Category for the following scenarios: What stability category would most likely occur when the...

Determine the Stability Category for the following scenarios: What stability category would most likely occur when the wind speed is 6 to 8 m/s? If the sky is overcast, synonymous with cloudy, what would the stability category most likely be? What would the stability category most likely be on a sunny April afternoon when the wind speed is 3 m/s? If the surface wind at night is 3 m/s and there is 5/8 of low clouds, what is the most likely...

Describe the three types of Unemployment: a.) Which type of Unemployment is likely to last the...

Describe the three types of Unemployment: a.) Which type of Unemployment is likely to last the longest? Explain: b.) Provide a General Graph illustrating a Business Cycle and indicate the areas of highest and lowest Unemployment.

What is most likely going to happen to U.S. Unemployment Rate in the upcoming 12 months?

•What is a febrile seizure, and what age group is most likely to experience this type...

•What is a febrile seizure, and what age group is most likely to experience this type of seizure? •Discuss nursing responsibilities in initiating seizure precautions. •What is the meningococcal conjugate vaccine, and what are the recommendations for its administration?

in the future what type of jobs will most likely be automated? what types of jobs...

in the future what type of jobs will most likely be automated? what types of jobs are more resistant to automation and why? explain how technology advances will impact HOW we work.

What is the type of unemployment in the following scenario? State the unemployment type and explain...

What is the type of unemployment in the following scenario? State the unemployment type and explain in a few sentences why it is the case. 1 After completing a complex computer programming project, Tetsuo got fired from his work. His prospects for a new job requiring a similar set of skills are good, and he has signed up with a job placement service for a programmer. He has declined offers for low-paying jobs. 2 When Akira and his co-workers refused...

Which of the following macroeconomic events is most likely to occur if the stock market rises dramatically?

Which of the following macroeconomic events is most likely to occur if the stock market rises dramatically? a movement down along the aggregate demand curve the aggregate demand curve shifts to the left the aggregate demand curve shifts to the right the aggregate supply curve shifts to the right, but only in the short run

This question is based on the current Covid-19 Pandemic.What type of unemployment is likely to increase...

This question is based on the current Covid-19 Pandemic.What type of unemployment is likely to increase in the next few weeks/months? Suppose the pandemic is particularly persistent and activities that involve a large amount of physical contact cannot be done anymore. What type of unemployment would emerge in this case? What’s a way to deal with this, if any?

What traits are most likely influenced by genes and what traits are most likely influenced by...

What traits are most likely influenced by genes and what traits are most likely influenced by the environment? Explain your reasoning. 200 Words at least

How does unemployment affect economic stability?

Question